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Premier Wheatley tells UK House of Lords about VI’s challenges

- House of Lords Constitution Committee met with OTS virtually
Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) virtually participated in the House of Lords Constitution Committee session on the UK Overseas Territories (UKOTs) Joint Declaration (2023) on Wednesday, February 11, 2026. Photo: Facebook
Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) told the House of Lords Constitution Committee session on the UK Overseas Territories (UKOTs) Joint Declaration (2023) the Virgin Islands is still recovering from the devastation caused by Hurricanes Irma and Maria in 2017. Photo: BBC
Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) told the House of Lords Constitution Committee session on the UK Overseas Territories (UKOTs) Joint Declaration (2023) the Virgin Islands is still recovering from the devastation caused by Hurricanes Irma and Maria in 2017. Photo: BBC
Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) told the House of Lords Constitution Committee session on the UK Overseas Territories (UKOTs) Joint Declaration (2023) tariffs and threat of tariffs can create inflation for the Virgin Islands. Photo: Internet Source
Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) told the House of Lords Constitution Committee session on the UK Overseas Territories (UKOTs) Joint Declaration (2023) tariffs and threat of tariffs can create inflation for the Virgin Islands. Photo: Internet Source
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) has listed climate change, access to climate change funds and trade instability as some of the challenges the Virgin Islands (VI) is facing.

Premier Wheatley virtually participated in the House of Lords Constitution Committee session on the UK Overseas Territories (UKOTs) Joint Declaration (2023) on Wednesday, February 11, 2026. 

Addressing the question, ‘What are the key issues facing your territory?’ Premier Wheatley said the Virgin Islands faces challenges similar to those faced by other Small Island Developing States (SIDS). 

No access to important climate change funds

“We have the challenge of climate change. In 2017, we were devastated by two category 5 hurricanes, and as we know, our countries contribute very little to the greenhouse gas emissions, which contribute to this challenge, but we are on the frontlines of the impacts, the negative impacts.”

Hurricanes Irma and Maria wiped out two to three times the VI’s GDP, amounting to over $3 billion. That, he said, set the VI back, and recovery is still ongoing. 

“We don’t have access to the green funds from the United Nations, we don’t have access to the mitigation fund or the adaptation fund or the loss and damage fund, so we have to depend on loans to be able to rebuild our infrastructure.”

As a UKOT, the Virgin Islands is not recognised as a sovereign state by the UN Framework Convention on Climate Change (UNFCCC). It is therefore ineligible for major international mechanisms like the Green Climate Fund (GCF) and the Adaptation Fund. 

“We believe that the world can do more, especially those nations which contribute heavily to the challenge of climate change, can do more for those who are in a vulnerable state.”

Trade instability

Premier Wheatley also highlighted the “great trade instability” the world is currently facing with tariffs and threats of tariffs.  describing it as

“We import just about everything that we consume, and so when this trade instability takes place, it can create great inflation in the Virgin Islands, causing rising prices, rising costs.”

The Virgin Islands is also facing the challenge of ensuring a stable and prosperous economy is maintained. 

He said just like the Turks and Caicos Islands, the VI too is self-sufficient and does not rely on the United Kingdom for aid. 

“We have not [been] granted aid from the United Kingdom since about 1978. We’ve been able to build an economy that’s been able to take care of the needs of our people, but of course, we ever have to remain competitive to be able to produce the revenues necessary to be able to take care of the needs of our people.”

Continued growth, development & evolution

Prmeier Wheatley concluded his contribution, reminding the committee that the VI recently underwent governance reform that they are “extremely proud” of. 

“It’s the greatest governance reform in the history of the Virgin Islands where we amended laws, policies and of course we have overhauled administrative processes to ensure that we are able to deliver government services for our people in a way that reflects good governance, in a way that’s transparent, in a way that’s accountable, and in a way that shows respect for the rule of law.”

As it relates to constitutional reform, Dr Wheatley said the VI has been on a journey increasing its autonomy since the restoration of the Parliament in 1950. 

“We want to continue growing and developing and evolving and becoming an even greater part of the Virgin Islands story and our destiny.”

22 Responses to “Premier Wheatley tells UK House of Lords about VI’s challenges”

  • great (12/02/2026, 12:16) Like (9) Dislike (2) Reply
    So we got what he said. What did they say?
  • hm (12/02/2026, 12:39) Like (4) Dislike (6) Reply
    Ayo need query why so many ppl esta is being denied !!!
  • should be the cry of our people (12/02/2026, 13:18) Like (3) Dislike (17) Reply
    give us our independence our give us death
  • WEW (12/02/2026, 13:58) Like (16) Dislike (5) Reply
    We do have challenges. Politicians wasting and pocketing tax payers monies.
    • @wew (13/02/2026, 08:27) Like (1) Dislike (1) Reply
      EXACTLY. We had more than enough money to energy harvest via Kartel and Soca Cruise but none to address climate change issues. Wew in-deeds!!!
  • A Capitalist Who Loves the BVI (12/02/2026, 15:09) Like (13) Dislike (4) Reply
    Climate change as among the biggest challenges? Did he say this with a straight face? I guess the BVI taxpayers' money that went into the Bank of Asia sinkhole is no big deal, nor the $20 million dollar overspend error in 2024 that to this day is never discussed (like the Bank of Asia "audit" that we heard about but that far, nothing). This man is such an imbecile that it's frightening to think that he's the supposed leader of this Territory.
  • %100 raise (12/02/2026, 15:18) Like (15) Dislike (5) Reply
    Call election let's see if you could win like Mia Mottley.
  • Jeremiah 17:5-6 (12/02/2026, 15:22) Like (13) Dislike (3) Reply
    Premier, who you complaining to now? Is the House Of Lords a member of your random partying frolicking, and some of the times unnecessary Overseas travel team?
    Does the House Of Lords give out contract that overruns and overspended? Was it the House Of Lords that raised the political leaders and others salary unknown to the voters for a year plus secretely? Who you complaining to? Why only let us in in conversation about climate change, and other dilly-dally, but sprinkle us with one hundred and twenty-five cent from $6.00 an hour minimum wage raise cut fron two hundred and fifty cent proposed by Lorna "in your corner" Smith?, deceptive hypocrite.
  • Herbs Powa (12/02/2026, 15:28) Like (10) Dislike (6) Reply
    We want a local premier not this American one.
  • BIG LOVEE (12/02/2026, 16:03) Like (13) Dislike (2) Reply
    Face is giving "Uk give us more unrestricted loans or independence for more parties"
  • cap (12/02/2026, 20:48) Like (10) Dislike (1) Reply
    But doesn’t this man want independence more than anything? So why is he crying to the UK when he wants something?
  • Serious (12/02/2026, 21:27) Like (7) Dislike (0) Reply
    Lorna Smith gots to go
  • mulato (12/02/2026, 21:53) Like (7) Dislike (1) Reply
    Did you tell them that you are part of the challenges for the BVI??
  • black lives matters (12/02/2026, 23:50) Like (0) Dislike (3) Reply
    The bvi certainly does not enjoy a high level of self-governance and I believe the premier should make it clear that we are seeking more autonomy!!!
  • Tired (13/02/2026, 07:05) Like (3) Dislike (0) Reply
    Why he look so tired?
  • The watchdog (13/02/2026, 07:24) Like (0) Dislike (3) Reply
    We affirm the principle of equal rights and self-determination of peoples of the British Overseas Territories, as enshrined in the United Nations Charter
  • Citizen (13/02/2026, 08:36) Like (9) Dislike (0) Reply
    our challenges are self made because of waste, fraud and corruption by those in charge
  • Gary Oak (13/02/2026, 09:26) Like (1) Dislike (1) Reply
    "tariffs can create inflation for the bvi"?? i thought we in inflation with bvi since 2020...prices never went back down. if we not in inflation here then imagine if when natalio "decide" we in inflation lol blows
  • Really? (16/02/2026, 21:17) Like (0) Dislike (0) Reply
    We have one major challenge and its YOU sir! Just you!


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